According to Anarock, the retail industry is expected to see a strong recovery, leading to the opening of up to 31 new buying department stores by the end of the following year.… Read more
Indian investors cheer as Dubai relaxes Golden Visa regulations
According to the Economic Times, the United Arab Emirates (UAE) recently revised the rules on golden visas, which led to a surge in demand for opulent homes inside the Gulf nation. The study made clear that an increasing number of buyers are Indians buying a second home in Dubai. The UAE’s “golden visa” program enables “outside workers to stay and work or visit within the UAE while enjoying unique benefits.”… Read more
All To Know About Greenfield Project
Tags: IndiaReal Estate
Real Estate Greenfield Project: The names “Greenfield” and “Brownfield” are frequently used to describe projects, causing one to wonder what the key distinction between the two is. While we may go into great detail about this idea in this article, it’s far better to start by clarifying that a Greenfield enhancement is an upgrade of an existing business, whereas a Greenfield venture is another term for a brand-new venture.… Read more
How did Hyderabad’s real estate market become the costliest in South India?
Hyderabad residential real estate has surpassed other major home markets in south India to become the most expensive housing market in the area after experiencing an extremely rapid price rise over the past eight years. Hyderabad is the second most expensive real estate market in India’s eight major housing markets, behind Mumbai, according to data available on PropTiger.com. The town, which is known as India’s pharmaceutical industry, had an average price of Rs 6,100 to Rs 6,300 per square foot for new assets and unsold inventories.… Read more
Illegitimate children’s property rights
There are no illegitimate offspring, simply fraudulent parents, once claimed Leon R Yankwich. The property rights of illegitimate offspring in India are based on a fundamental concept stated in the Indian Constitution.… Read more
What exactly is the market price?
Tags: IndiaReal Estate
Throughout their search for the perfect home, potential home buyers frequently come across the term “market value.” The market value is the amount that a buyer will be willing to pay in a marketplace for a property or any other type of asset. They are variable and are affected by a variety of aspects such as demand and supply, property quality, and the economic climate, among many others.… Read more
All You Need To Know About Patwaris
The primary duty of the patwari, a government official, is to maintain records of all the land inside the villages that he is responsible for supervising. Also known as the village accountant, the patwari. The patwari serves as a mediator between the government and the farmers. When people want to learn anything about their country, the patwari is the first person they should contact or interact with.… Read more
GST on residential rent to depress the demand for rental accommodation
According to real estate experts, the Goods and Services Tax on residential projects may cause a slight decline in housing demand or apartment prices, but the market may eventually adjust to the new tax laws. Since July 18, residential rents have been covered by the Internet of Goods and Services Act. Tenants may also be required to pay GST using a different rate structure than the government.… Read more
An increase in requests to register new projects: UP RERA
Tags: IndiaReal EstateRERAUP
For the registration of recent projects in the dwelling, industrial, and mixed-land use categories, Uttar Pradesh RERA has received about 125 applications in the first half of 2022. 34 percent of those parcels are from NCR areas, and about 66 percent are from non-NCR districts. Concerning the packages for brand-new project registration, the residential class has the highest percentage—roughly 75%—and the packages for commercial and mixed-land-use projects have the lowest percentage—25%.… Read more
